"icici-bank"

Indian equity markets opened higher with the BSE Sensex and Nifty 50 gaining on buying in blue-chip stocks like Reliance Industries and ICICI Bank, supported by easing crude oil prices and mixed global market cues

Six of India’s top-10 most valued companies added Rs 74,111 crore in market valuation last week, led by Reliance Industries. Gains in Reliance, TCS and ICICI Bank outweighed losses in Bharti Airtel, HDFC Bank and SBI amid volatile stock market conditions and mixed global cues.

ICICI Bank reported a 9 per cent rise in consolidated net profit for the March quarter, supported by growth in net interest income and lower provisions. The bank also announced a dividend of Rs 12 per share, subject to approvals

Banking services across India were disrupted as nearly 8 lakh public sector bank employees joined a nationwide strike called by the United Forum of Bank Unions (UFBU), demanding immediate implementation of a five-day work week. The unions argue that five-day banking is essential for employee wellbeing and sustainable services.

Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines

Five of India’s top-10 most valued firms, led by TCS and Infosys, added over ₹72,284 crore in market value last week, while Reliance, HDFC Bank, SBI, L&T and LIC saw declines. TCS gained the most, adding nearly Rs 36,000 crore

ICICI Bank will implement same-day cheque clearance from October 4, aligning with RBI’s new settlement framework. Customers depositing cheques at branches will see faster processing, with Positive Pay mandatory for high-value cheques to prevent fraud and ensure smooth dispute resolution

Eight of India’s top-10 most valued firms gained ₹1.72 lakh crore in market valuation last week, led by Reliance Industries. TCS, Airtel, ICICI Bank, Infosys, HUL, LIC, and Bajaj Finance also rose, while HDFC Bank and SBI declined

RBI Governor Sanjay Malhotra said banks can decide savings account minimum balances, after ICICI Bank raised requirements up to Rs 50,000 for new customers in metros, while penalties and deposit charges also increased, contrasting with SBI’s zero-balance policy

Customers of metro and urban branches must maintain a minimum average balance of Rs 50,000 under the new structure — up from the earlier limit of Rs 10,000

ICICI Bank had offered to take over mortgage lender HDFC Ltd before its reverse merger with HDFC Bank, says former HDFC chairman Deepak Parekh

After a major service disruption in September 2024, ICICI Bank, Axis Bank, and Mastercard are exploring alternatives to DreamFolks Services for airport lounge access. With growing dissatisfaction, banks may increasingly shift to direct partnerships with lounge operators

With mobile trading apps, low brokerage fees, and better access to financial education, retail investors are no longer sitting on the sidelines. They’re actively participating in the futures and options segment—particularly within sectoral indices like Bank Nifty, which reflects the performance of India's banking sector.

Benchmark indices Sensex and Nifty rebounded on Wednesday after an early dip, driven by fresh foreign fund inflows and gains in blue-chip stocks like Reliance and ICICI Bank. Strong liquidity and optimism around earnings supported the positive sentiment in the markets.

Shares of ICICI Bank climbed over 2 per cent on Monday morning after the firm reported a 15.7 per cent jump in March quarter consolidated net profit at Rs 13,502 crore

According to market watchers, technically, Bank Nifty has formed a strong bullish candle on the daily chart, making a high of 54,407.20 — just 60 points away from its all-time high

Industries Minister D Sridhar Babu said ICICI Bank did not extend any loans, while Rs.8,476 crore was raised through issue of bonds at low interest rates

BRS working president K.T. Rama Rao on Friday alleged a criminal conspiracy and a ₹10,000 crore financial scam involving the Revanth Reddy-led government. He called for an immediate investigation by central agencies and warned of a potential collapse of ICICI Bank due to its alleged involvement in the matter.

ICICI Bank's gross non-performing assets ratio improved to 1.96 per cent as against 2.3 per cent a year ago

Though CCTV visuals show the farmer consuming the pesticide inside the bank, the police claimed that Devrao consumed the pesticide outside. They noted that the investigations found that his wife was suffering from a kidney-related ailment